PAYPAL *LAOYOUKA

If you've ever used PayPal to send or receive money, you may have noticed a charge called "laoyouka" on your transactions. This charge is actually a small fee that PayPal pays to the Chinese government in order to comply with local regulations. While the fee may seem unnecessary, it's actually quite necessary in order to keep PayPal available as a payment option in China. So, if you see a laoyouka charge on your PayPal transactions, don't be alarmed - it's just a small fee that helps keep PayPal available for use in China.